Short

Nifty Short - Four Indicators Analysis

Updated

Bearish Divergence.. Wedge formation.. RSI divergence with price increase.. Stochastic overbought .. MACD bearish divergence

Note

Movement as per expectations.. Within Wedge channel.. Moving down to break the channel supported by all mentioned indicators in concurrence.

For Educational purpose only

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.